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Mavenir Completes US$1.3 Bln Recapitalisation To Strengthen Financial Position, Fuel Growth

KUALA LUMPUR, July 30 (Bernama) -- Mavenir, a cloud-native network infrastructure provider, and its existing investor, private equity firm Siris, have completed a comprehensive recapitalisation with Mavenir’s lenders.

IGB REIT Net Profit Rises To RM92.51 Mln In Second Quarter On Higher Rental Income

KUALA LUMPUR, July 29 (Bernama) -- IGB Real Estate Investment Trust’s net profit rose to RM92.51 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM81.55 million in the same period a year ago.

Paramount To Acquire 28 Pct Stake In Singapore's Envictus International For RM126.32 Mln

KUALA LUMPUR, July 29 (Bernama) -- Paramount Corporation Bhd, through its wholly owned subsidiary Venice Concepts Sdn Bhd, has proposed to acquire a 28 per cent equity interest in Envictus International Holdings Ltd from JAG Capital Holdings Sdn Bhd for S$38.33 million (RM126.32 million).

Sun Bus Tech Targets Completion Of 310 Rapid KL Buses By February 2026

JOHOR BAHRU, July 29 (Bernama) -- Johor-based bus body manufacturer, Sun Bus Tech Sdn Bhd aims to complete 310 Rapid KL buses under a local assembly (Completely Knocked Down-CKD) project with Prasarana Malaysia Bhd by February 2026.

Bursa Malaysia Reprimands Smile-Link For Delay In Submitting Audited Financial Statements

KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded dental outfit Smile-Link Healthcare Global Bhd for failing to submit its annual audited financial statements (AFS) for the financial period ended June 30, 2024, within the stipulated timeframe.

AKWEL Sees Modest Turnover Dip Amid Market Headwinds

KUALA LUMPUR, July 25 (Bernama) -- AKWEL, a key player in the manufacturing of parts and systems for the automotive and heavy-vehicle sectors, has reported a first-half 2025 turnover of 510.6 million euros, marking a 3.4 per cent decline compared to the same period in 2024. (1 Euro = RM4.94)

Malaysia Urges ASEAN Unity To Build Integrated Semiconductor Supply Chain

KUALA LUMPUR, July 24 (Bernama) -- Malaysia is ready to collaborate with ASEAN partners and beyond through joint investments, research partnerships and knowledge sharing to turn regional ambitions into reality, said Investment, Trade and Industry Ministry Deputy Minister Liew Chin Tong.

IILM’s US$800 Mln Short-term Sukuk Oversubscribed 2.3 Times

KUALA LUMPUR, July 22 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$800 million (US$1=RM4.23) in short-term sukuk across three tenors, with the offering oversubscribed by 2.3 times.

Sabah Blue Economy On Track To Yield RM3.25 Bln Annually From Marine Harvests

KOTA KINABALU, July 20 (Bernama) -- The Sabah Blue Economy is estimated to yield 491,000 tonnes of marine harvests such as fish and prawns annually, with a value of RM3.25 billion, said Chief Minister Datuk Seri Hajiji Noor.

Malaysia Airports Targets June 2028 For Completion Of Penang Expansion

SEPANG, July 18 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) aims to complete the Penang International Airport (PIA) expansion project by June 2028, with several phases of work already underway, said group managing director Datuk Mohd Izani Ghani.

MRT3 Circle Line Gets Final Railway Scheme Approval - MRT Corp

KUALA LUMPUR, July 17 (Bernama) -- Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) today announced that the Final Railway Scheme for the MRT3 Circle Line has been formally approved and signed by Transport Minister Anthony Loke.

CBH Engineering Wins RM172 Mln Data Centre Substation Contract

KUALA LUMPUR, July 17 (Bernama) -- CBH Engineering Holding Bhd’s wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a contract to design and build an electrical supply system for a 275 kilovolt (kV)/13.8kV consumer substation for RM172 million.